Prescott Valley

Population: 48,048
Median household income: $70,793
Median home value: $376,300

Located in Yavapai County, Arizona, Prescott Valley is a community with a population of 48,048. The median household income of $70,793 is above the Yavapai County median ($66,106).

From 2019 to 2023, Prescott Valley's population grew 8.4% from 44,311 to 48,048, while its median home value rose 64.5% from $228,700 to $376,300.

24.0% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 70.8% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 48,048
Median age: 47.3 yrs
Median household income: $70,793
Median home value: $376,300
Median gross rent: $1,471
Housing units: 21,576
Homeownership rate: 70.8%
Bachelor's degree or higher: 24.0%
Unemployment rate: 3.5%

Trends

ACS 5-year · 2019–2023

Population

44,31148,048

Median household income

$51,909$70,793

Median home value

$228,700$376,300

Median gross rent

$992$1,471

Year	Population	Median household income	Median home value	Median gross rent
2019	44,311	$51,909	$228,700	$992
2020	45,592	$54,315	$260,400	$1,061
2021	46,014	$60,033	$283,700	$1,128
2022	47,015	$66,617	$341,900	$1,348
2023	48,048	$70,793	$376,300	$1,471

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.7%

5 to 1715.7%

18 to 246.8%

25 to 3410.9%

35 to 449.6%

45 to 5411.9%

55 to 6412.1%

65 to 7416.5%

75 and over11.9%

	Count	Share
Under 5	2,251	4.7%
5 to 17	7,532	15.7%
18 to 24	3,248	6.8%
25 to 34	5,222	10.9%
35 to 44	4,592	9.6%
45 to 54	5,721	11.9%
55 to 64	5,805	12.1%
65 to 74	7,940	16.5%
75 and over	5,737	11.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	35,176	73.2%
Black or African American	216	0.4%
American Indian & Alaska Native	486	1.0%
Asian	507	1.1%
Native Hawaiian & Pacific Islander	88	0.2%
Some other race	128	0.3%
Two or more races	1,902	4.0%
Hispanic or Latino (any race)	9,545	19.9%

Educational attainment (age 25+)

No high school diploma9.2%

High school graduate28.2%

Some college or associate's38.6%

Bachelor's degree14.0%

Graduate or professional degree10.0%

	Count	Share
No high school diploma	3,224	9.2%
High school graduate	9,858	28.2%
Some college or associate's	13,521	38.6%
Bachelor's degree	4,898	14.0%
Graduate or professional degree	3,516	10.0%

Commute to work

Mean travel time to work: 21 min

Drove alone77.5%

Carpooled7.7%

Public transit0.0%

Walked1.8%

Bicycle0.3%

Worked from home12.3%

Other means0.4%

How workers get to work

	Count	Share
Drove alone	15,051	77.5%
Carpooled	1,498	7.7%
Public transit	2	0.0%
Walked	350	1.8%
Bicycle	59	0.3%
Worked from home	2,384	12.3%
Other means	80	0.4%

Travel time

	Count	Share
Under 15 min	5,658	33.2%
15 to 29 min	7,300	42.8%
30 to 44 min	2,865	16.8%
45 to 59 min	462	2.7%
60+ min	755	4.4%

Households

Average household size: 2.38
Poverty rate: 12.3% (5,889 of 47,698)

	Count	Share
Family households	13,267	66.1%
Nonfamily households	6,812	33.9%

Housing

Median year structure built: 2001

Occupancy

	Count	Share
Occupied	20,079	93.1%
Vacant	1,497	6.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	14,212	70.8%
Renter-occupied	5,867	29.2%

1-unit, detached69.7%

1-unit, attached4.6%

2 to 4 units8.0%

5 to 19 units2.8%

20 or more units2.3%

Mobile home & other12.6%

Units in structure

	Count	Share
1-unit, detached	15,043	69.7%
1-unit, attached	998	4.6%
2 to 4 units	1,717	8.0%
5 to 19 units	595	2.8%
20 or more units	496	2.3%
Mobile home & other	2,727	12.6%

Geography

Place GEOID: 0457450
Type (LSAD): 43
Land area: 40 sq mi
Water area: 0 sq mi
Center point: 34.5979, -112.3185